Jeju soars for $200m IPO as Innocean finalises banks

Koera flag_230px
By Rashmi Kumar
30 Oct 2014

South Korea’s Jeju Air is aiming for an IPO of $150m-$200m on the country’s stock exchange in the third or fourth quarter of next year, and has issued a request for proposals to banks.

The RFP was sent out last week, with banks given a deadline of early November to respond with their interest, according to a banker who has received the invitation.

Once all the bids have been made, Jeju plans to announce the mandate by the end of November. ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial